UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

___________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): ~~June~~October 131, 2007

EVCI CAREER COLLEGES HOLDING CORP.

(Exact name of registrant as specified in its charter)

Delaware		001-14827		06-1488212
(State of other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

Delaware

(State of other jurisdiction

of incorporation)

001-14827

(Commission

File Number)

06-1488212

(IRS Employer

Identification No.)

1 Van Der Donck Street, 2^nd Floor, Yonkers, New York 10701

(Address of principal executive offices)

Registrant’s telephone number, including area code (914) 623-0700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 38.01. ~~Notice~~Other ~~of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.~~Matters

EVCI Career Colleges Holding Corp. ~~today announced that it received a letter dated June 13, 2007 from the Staff of the Listing Qualifications Department~~ (~~the~~ “~~Staff Determination~~EVCI”) ~~of The~~was ~~NASDAQ~~advised ~~Stock~~on ~~Market~~October ~~LLC~~1, ~~which~~2007 ~~indicated~~ that, ~~because EVCI does not~~the ~~currently satisfy~~ NASDAQ’s ~~$1.00~~Listing ~~per share bid price requirement~~ and ~~since~~Hearing ~~EVCI did~~Review ~~not~~Council ~~obtain shareholder approval for and prior to~~ (the ~~completion~~“Listing ofCouncil”) ~~the recent~~has ~~private~~called ~~placement of securities with ComVest Investment Partners III,~~for ~~L.P.~~review ~~and~~a ~~certain~~NASDAQ ~~members~~Listing ofQualifications ~~management~~Panel (the “~~ComVest Financing~~Panel”) decision, ~~EVCI’s~~dated ~~securities~~August ~~are subject to delisting from NASDAQ~~23, ~~in accordance with Marketplace Rules 4310(c)(4) and 4350~~2007, ~~respectively.~~which Ingranted ~~response,~~ EVCI’s ~~intends to timely~~ request afor ~~hearing before a NASDAQ Listing Qualifications Panel to address the Staff Determination and seek~~ continued listing inon ~~accordance with applicable~~The NASDAQ ~~rules.~~Stock ~~EVCI’s hearing request will stay any delisting action pending the issuance of a decision by the Panel following the hearing~~Market.

AsPursuant ~~previously~~to ~~disclosed in EVCI’s Quarterly Report on Form 10-Q for~~ the ~~quarter ended~~NASDAQ ~~March~~Marketplace 31Rules, ~~2007~~all ~~and~~Panel ~~via~~decisions ~~press~~are ~~release~~subject ~~dated May 23, 2007, EVCI has acknowledged that NASDAQ rules required EVCI~~ to ~~obtain~~call ~~shareholder approval~~ for ~~the~~review ~~ComVest~~by ~~Financing~~the ~~prior~~Listing toCouncil ~~its~~at ~~closing,~~the ~~absent~~discretion aof ~~NASDAQ~~the ~~determination~~Listing ~~to grant an exception to this requirement~~Council. ~~However, in order to ensure~~ EVCI’s ~~financial viability, EVCI management and the board of directors determined~~has ~~that it~~been ~~was~~invited ~~necessary~~ to ~~complete~~make ~~the~~a ~~ComVest~~submission ~~Financing~~for ~~prior~~the toListing ~~the~~Council’s ~~receipt~~consideration ofby ~~stockholder~~November ~~approval. Prior to closing and in conformity with NASDAQ rules~~30, ~~EVCI notified~~ ~~NASDAQ~~2007. ofIt ~~the~~is ~~ComVest~~expected ~~Financing~~that ~~and~~any ~~requested~~decision aby ~~financial viability exception to~~ the ~~stockholder~~Listing ~~approval rules, as permitted under Marketplace~~Council ~~Rule~~would ~~4350(i)(2). However, the NASDAQ Staff determined~~ not tobe ~~grant~~issued ~~EVCI’s~~for ~~request~~several ~~for a~~weeks ~~financial~~following ~~viability~~November ~~exception.~~30, 2007.

EVCI intends to seek shareholder ratification for the ComVest Financing at its annual meeting of stockholders that will be scheduled shortly. Notwithstanding, EVCI understands that NASDAQ may not consider a shareholder vote in favor of the ComVest Financing a sufficient cure for the shareholder approval violation cited by the Staff. EVCI also intends to seek shareholder approval at the upcoming meeting to authorize the board of directors to effect a reverse stock split in the event such action is necessary to regain compliance with the NASDAQ bid price requirement.

At the hearing before the Panel, EVCI will address both the shareholder approval and bid price issues and present its plan to evidence compliance with all requirements for continued listing on The Nasdaq Capital Market. However, there can be no assurance that the Panel will grant EVCI’s request for continued listing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

	*(d)*		*Exhibits.*

	Exhibit No.*		Description of Exhibit

	99.1*		Letter dated October 1, 2007 from Nasdaq Listing and Hearing Review Council.
	99.2*		Decision of Nasdaq Listing Qualifications Panel dated August 23, 2007.

	* Filed herewith.

Exhibit No.* Description of Exhibit

99.1* Press Release dated June 19, 2007.

_______________

* Filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this ~~Current~~ Report to be signed on its behalf by the undersigned hereunto ~~hereunto~~ duly authorized.

	EVCI CAREER COLLEGES HOLDING CORP.
Date: June 19, 2007	By:	/s/ Joseph D. Alperin
Dated: October 3, 2007	By:	/s/ Dr. John J. McGrath
		Name: Joseph D. Alperin
		Name: Dr. John J. McGrath
		Title: General Counsel and Vice President
		Title: Chief Executive Officer and President
		for Corporate Affairs

EXHIBIT INDEX

Exhibit No. Description of Exhibit

	Exhibit No.		Description of Exhibit

	99.1		Letter dated October 1, 2007 from Nasdaq Listing and Hearing Review Council.
	99.2		Decision of Nasdaq Listing Qualifications Panel dated August 23, 2007.

99.1 Press Release dated June 19, 2007

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